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USDA downgrades forecast for Ukrainian 2018 wheat crop by one million tonnes

18.07.2018 19:46 "Agro Perspectiva" (Kyiv) The US Department of Agriculture (USDA) has downgraded its Jul forecast for Ukrainian 2018 wheat crop to 25.5 million tonnes, down one million tonnes against its Jun forecast, Interfax-Ukraine reports. As to the report, the forecast for Ukrainian wheat exports for the 2018/2019 marketing year (MY, Jul-Jun) has been also reduced by 500,000 tonnes, to 16.5 million tonnes. As to the report, the USDA has maintained its forecast for maize export from Ukraine within the 2018/2019 MY at 24 million tonnes (maize crop -30 million tonnes), unchanged against its Jun forecast.

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